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Old 12-13-2011, 03:50 AM   #1
scooter
 
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Post Study: Gingrich tax plan would worsen deficit

The tax plan by GOP presidential hopeful Newt Gingrich would provide big tax breaks to the rich and blow a huge hole in the federal budget deficit, according to an independent study released Monday.The analysis by the Tax Policy Center says households making more than $1 million a year would see their taxes drop by an average of 62 percent.

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